OPTEX GROUP Company Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	7,588	6,596	6,575	5,031	2,019
Depreciation & Amortization	2,052	2,015	1,862	1,681	1,583
Loss (Gain) From Sale of Assets	7	-8	-1	16	-1
Loss (Gain) From Sale of Investments	86	-57	52	216	155
Loss (Gain) on Equity Investments	-3	-38	-65	-27	-4
Other Operating Activities	-1,973	-2,284	-2,410	-724	-820
Change in Accounts Receivable	-1,361	524	-1,407	-1,983	757
Change in Inventory	72	-4,289	-4,342	-2,542	248
Change in Accounts Payable	142	-650	325	681	82
Change in Other Net Operating Assets	1,086	304	1,080	753	-125
Operating Cash Flow	7,696	2,113	1,669	3,102	3,894
Operating Cash Flow Growth	264.22%	26.60%	-46.20%	-20.34%	7.54%
Capital Expenditures	-1,606	-1,155	-1,147	-930	-1,092
Sale of Property, Plant & Equipment	9	24	15	5	4
Cash Acquisitions	-	-21	-	-2,061	-1,907
Sale (Purchase) of Intangibles	-175	-181	-233	-159	-293
Investment in Securities	911	546	-428	302	388
Other Investing Activities	1	-	1,482	-	1
Investing Cash Flow	-867	-782	-310	-2,845	-3,228
Short-Term Debt Issued	78	-	-	4,476	3,968
Long-Term Debt Issued	-	4,800	2,100	64	206
Total Debt Issued	78	4,800	2,100	4,540	4,174
Short-Term Debt Repaid	-	-4,005	-1,608	-	-
Long-Term Debt Repaid	-1,831	-1,145	-527	-446	-1,314
Total Debt Repaid	-1,831	-5,150	-2,135	-446	-1,314
Net Debt Issued (Repaid)	-1,753	-350	-35	4,094	2,860
Repurchase of Common Stock	-	-	-	-1,000	-1
Common Dividends Paid	-1,427	-1,346	-1,171	-1,112	-1,084
Other Financing Activities	-647	-563	-421	-189	-197
Financing Cash Flow	-3,827	-2,259	-1,627	1,793	1,578
Foreign Exchange Rate Adjustments	944	761	435	486	-56
Miscellaneous Cash Flow Adjustments	-1	-	-1	-	-1
Net Cash Flow	3,945	-167	166	2,536	2,187
Free Cash Flow	6,090	958	522	2,172	2,802
Free Cash Flow Growth	535.70%	83.53%	-75.97%	-22.48%	25.71%
Free Cash Flow Margin	9.63%	1.70%	0.95%	4.74%	8.04%
Free Cash Flow Per Share	169.85	26.75	14.59	59.80	77.16
Cash Interest Paid	67	67	54	32	11
Cash Income Tax Paid	1,997	2,314	2,433	878	933
Levered Free Cash Flow	4,481	-283.13	600.63	-663.63	674.63
Unlevered Free Cash Flow	4,524	-242.5	635	-643	680.88
Change in Working Capital	-61	-4,111	-4,344	-3,091	962

Source: S&P Global Market Intelligence. Standard template. Financial Sources.